BOE Report

La Corte Suprema de Gibraltar falla contra la compañía offshore de Donziger, otorgando a Chevron $28 millones

SAN RAMÓN, California--(BUSINESS WIRE)--La Corte Suprema de Gibraltar emitió una sentencia contra Amazonia Recovery Ltd., una compañía creada en Gibraltar para recibir y distribuir fondos provenientes de la fraudulenta sentencia ecuatoriana contra Chevron. La compañía fue establecida en 2012 por Steven Donziger, el principal abogado estadounidense detrás del juicio y sus asociados. La corte también otorgó a Chevron $28 millones por daños y emitió una medida judicial permanente contra Amazonia [Read more]

Supreme Court of Gibraltar Rules Against Donziger Offshore Company; Awards Chevron $28 Million

SAN RAMON, Calif.--(BUSINESS WIRE)--The Supreme Court of Gibraltar has issued a judgment against Amazonia Recovery Ltd., a Gibraltar-based company set up to receive and distribute funds resulting from a fraudulent Ecuadorian judgment against Chevron. The company was established in 2012 by Steven Donziger, the lead American lawyer behind the lawsuit, and his associates. The court awarded Chevron $28 million in damages and issued a permanent injunction against Amazonia, preventing the company from [Read more]

FTTN Actively Seeking Acquisition Opportunities as Business Plan Shifts into High Gear

LAS VEGAS--(BUSINESS WIRE)--As the calendar year 2015 winds down, First Titan Corp. (OTCQB:FTTN) is ramping up its aggressive oil and gas acquisition plans on the heels of its letter of intent (LOI) signing for a property in northwest Texas. “FTTN is in a strong position to go after a variety of promising prospects,” said company CEO Sydney Jim. “We can now begin putting our long-range plan into action. One of the primary components of that strategy is to use the current low oil price [Read more]

Halliburton and Baker Hughes Provide Update Regarding DOJ Review

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) today announced that they expect that their timing agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) will expire without reaching a settlement or the DOJ initiating litigation at this time to block their pending transaction. The DOJ has informed the companies that it does not believe that the remedies offered to date are sufficient to address the DOJ’s concerns, but [Read more]

American Association of Professional Landmen, Members Celebrate Industry Achievements

FORT WORTH, Texas--(BUSINESS WIRE)--The American Association of Professional Landmen (AAPL) celebrated a year of industry excellence and achievement in 2015, with AAPL members across the country as well as multiple association programs and publications receiving honors for their impact within America’s oil and gas industry. “AAPL members are committed to being leaders not only in their fields but in their communities, elevating the land profession through continual education, volunteerism and [Read more]

Four Major Universities to Showcase Technologies at Ben Franklin’s 2016 Shale Gas Innovation Contest!

STATE COLLEGE, Pa.--(BUSINESS WIRE)--We are pleased to announce that four regional universities: Carnegie Mellon, Penn State, University of Pittsburgh, and West Virginia University have all enthusiastically agreed to join the list of sponsors supporting Ben Franklin’s Fifth Annual Shale Gas Innovation Contest. This year’s event, which is FREE to attend, will be held on May 18, 2016 at the Hilton Garden Inn in Southpointe, PA. New this year, faculty and students will be invited to showcase their [Read more]

Chevron Embarks on PC-11 Public Education Campaign

SAN RAMON, Calif.--(BUSINESS WIRE)--Late last week the ASTM International’s Automotive Lubricants Subcommittee approved the new Proposed Category 11 (API CK-4 and API FA-4) specifications for the next generation of heavy duty diesel engine oils to be licensed on December 1, 2016. To help prepare the industry for the change, the Chevron Products Company, a Chevron U.S.A. Inc. division, launched its PC-11 Public Education Campaign dedicated to building awareness and clarity around PC-11. As a [Read more]

Jacobs Receives Design Basis Memorandum Contract from Suncor for New Oil Sands In-Situ Development

PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract from Suncor Energy to provide project management and engineering services to complete the design basis memorandum (DBM) for its proposed Meadow Creek East facility in northeast Alberta, Canada. Located 45 kilometers south of Fort McMurray, Meadow Creek is a steam-assisted gravity drainage (SAGD) oil sands development and is jointly held by Suncor Energy (as the operator) and [Read more]

Genscape’s Proprietary Monitoring & Expert Field Agents Identify Significant European Power Fuel Mix Changes; 10GW New Capacity Anticipated in Germany Between 2014 & 2016

AMSTERDAM--(BUSINESS WIRE)--European power markets are experiencing ongoing supply-side changes as a large volume of conventional generation capacity is closing. Simultaneously, Genscape’s proprietary monitoring and field research across the European continent shows many new projects planned, or under construction, that will strongly affect the generation mix in some countries, particularly with the development of large offshore wind farms. “The most significant medium-term capacity changes [Read more]

American Midstream Announces Retirement of Steve Bergstrom and Appointment of Lynn L. Bourdon III as Chairman, President and Chief Executive Officer

DENVER--(BUSINESS WIRE)--American Midstream Partners, LP (NYSE: AMID) (the "Partnership") today announced that Steve Bergstrom, Executive Chairman, President, and Chief Executive Officer, retired from his position effective December 10, 2015. Mr. Bergstrom will continue to serve as a Director on the Board of Directors. Lynn L. Bourdon III has been appointed Chairman, President and Chief Executive Officer. Mr. Bourdon, 53, most recently served as President and Chief Executive Officer of Enable [Read more]